727 Frederick Street, Kitchener, ON

$849,900

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8

Beds

3

Baths

1,500

Square feet

About 727 Frederick Street

Exceptional Investment Opportunity - Purpose-Built Triplex on Frederick Street! This Solid brick purpose-built triplex offering an outstanding opportunity for investors, first-time buyers, or those looking to build long-term wealth through real estate. Ideally situated on a large lot with almost 65 feet of frontage, this well-maintained property features three generously sized units: two spacious 2-bedroom units and one 1-bedroom unit. The property offers excellent functionality with FOUR separate hydro meters, plenty of parking, and a large 2-car garage currently utilized by the landlord, providing valuable additional storage and convenience. The building is fire-coded and has benefited from important updates, including an updated electrical breaker panel in 2024 and a newer gas furnace installed in 2023.An ideal opportunity to live in one unit while having rental income from the other two, or rent all three units and add this income-producing property to your investment portfolio. The generous lot, solid brick construction, multiple units, parking, and garage make this a particularly attractive opportunity for business-minded investors. Located close to Downtown Kitchener, LRT, major highways, parks, shopping, restaurants, and everyday amenities, offering both convenience for tenants and strong appeal for future investment. Whether you're looking to start building your real estate portfolio, expand an existing one, or create an opportunity for future financial freedom, this property deserves your attention. Opportunities like this don't come along every day - book your private viewing today! .Two car detached garage with remote automatic garage door openers. Projected income over $67,000.

Features of 727 Frederick Street

MLS® # X13752760
Price $849,900
Bedrooms 8
Bathrooms 3.00
Square Footage 1500-2000
Type Residential Freehold
Sub-Type Triplex
Style 2-Storey
Status Active

Community Information

Address 727 Frederick Street
Area Waterloo
City Kitchener
Province ON
Postal Code N2B 2B3

Amenities

Parking Spaces 3
# of Garages 2
Garages Detached
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling None
Fireplace No
Basement Unfinished

Exterior

Exterior Brick

Listing Details

OfficeRE/MAX A-B Realty Ltd

Listing Map